Quarterly report pursuant to Section 13 or 15(d)

GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details)

v3.19.1
GUARANTORS OF SECURITIES (Condensed Balance Sheet) (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:        
Cash and cash equivalents $ 49,612 [1] $ 50,753 [1] $ 16,553 $ 13,583
Receivables:        
Trade, operating, net of allowance for doubtful accounts 34,732 33,306    
Trade, dry-leasing 2,446 3,803    
Tax receivables 2,843 3,187    
Other 7,204 2,343    
Inventories, net 20,893 20,673    
Prepaid expenses 2,233 1,807    
Total current assets 119,963 115,872    
Property and equipment 918,252 917,161    
Accumulated depreciation (327,444) (317,967)    
Property and equipment, net 590,808 599,194    
Operating lease right-of-use 8,460      
Equity investments and advances 24,427 27,112    
Investments in consolidated subsidiaries 0 0    
Intangible assets 1,102 1,107    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 21,081 21,578    
Total assets 765,841 764,863    
Current liabilities:        
Accounts payable and accrued expenses 12,643 13,161    
Accrued wages and benefits 5,524 9,267    
Accrued interest 3,376 569    
Accrued income taxes 2,874 973    
Accrued other taxes 1,414 1,268    
Accrued contingencies 656 630    
Current portion of long-term debt 1,938 2,058    
Other current liabilities 3,092 878    
Total current liabilities 31,517 28,804    
Long-term debt 159,961 160,217    
Deferred income taxes 104,824 108,357    
Intercompany payables 0 0    
Operating lease liabilities 6,773      
Other liabilities 721 747    
Total liabilities 303,796 298,125    
Redeemable noncontrolling interest 3,160 3,302 3,603 3,766
Equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 22,220,676 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224 219    
Additional paid-in capital 448,690 447,298    
Retained earnings 12,342 18,285    
Treasury shares, at cost; 157,267 and 156,737 shares in 2019 and 2018, respectively (2,481) (2,476)    
Accumulated other comprehensive income, net of tax 110 110    
Total equity 458,885 463,436 $ 445,716 $ 445,681
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 765,841 764,863    
Reportable Legal Entities | Parent        
Current assets:        
Cash and cash equivalents 48,876 48,396    
Receivables:        
Trade, operating, net of allowance for doubtful accounts 0 0    
Trade, dry-leasing 0 0    
Tax receivables 0 0    
Other 5,000 0    
Inventories, net 0 0    
Prepaid expenses 726 398    
Total current assets 54,602 48,794    
Property and equipment 0 0    
Accumulated depreciation 0 0    
Property and equipment, net 0 0    
Operating lease right-of-use 0      
Equity investments and advances 0 0    
Investments in consolidated subsidiaries 171,671 172,950    
Intangible assets 0 0    
Deferred income taxes 11,513 9,904    
Intercompany receivables 358,653 366,541    
Other assets 1,106 1,251    
Total assets 597,545 599,440    
Current liabilities:        
Accounts payable and accrued expenses 584 136    
Accrued wages and benefits 5 43    
Accrued interest 3,307 500    
Accrued income taxes 69 918    
Accrued other taxes 306 0    
Accrued contingencies 0 0    
Current portion of long-term debt 0 0    
Other current liabilities 469 647    
Total current liabilities 4,740 2,244    
Long-term debt 134,060 133,900    
Deferred income taxes 0 0    
Intercompany payables 0 0    
Operating lease liabilities 0      
Other liabilities 0 0    
Total liabilities 138,800 136,144    
Redeemable noncontrolling interest 0 0    
Equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 22,220,676 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 224 219    
Additional paid-in capital 448,692 447,299    
Retained earnings 12,310 18,254    
Treasury shares, at cost; 157,267 and 156,737 shares in 2019 and 2018, respectively (2,481) (2,476)    
Accumulated other comprehensive income, net of tax 0    
Total equity 458,745 463,296    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 597,545 599,440    
Reportable Legal Entities | Guarantors        
Current assets:        
Cash and cash equivalents 0 0    
Receivables:        
Trade, operating, net of allowance for doubtful accounts 24,741 27,509    
Trade, dry-leasing 2,446 3,803    
Tax receivables 6 6    
Other 1,863 1,949    
Inventories, net 20,858 20,633    
Prepaid expenses 1,292 1,219    
Total current assets 51,206 55,119    
Property and equipment 901,547 900,611    
Accumulated depreciation (323,733) (314,567)    
Property and equipment, net 577,814 586,044    
Operating lease right-of-use 7,317      
Equity investments and advances 24,427 27,112    
Investments in consolidated subsidiaries 0 0    
Intangible assets 0 0    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 19,873 20,231    
Total assets 680,637 688,506    
Current liabilities:        
Accounts payable and accrued expenses 10,378 11,357    
Accrued wages and benefits 4,060 7,743    
Accrued interest 69 69    
Accrued income taxes 2,800 6    
Accrued other taxes 687 768    
Accrued contingencies 0 0    
Current portion of long-term debt 1,663 1,663    
Other current liabilities 2,167 220    
Total current liabilities 21,824 21,826    
Long-term debt 25,901 26,317    
Deferred income taxes 115,091 117,015    
Intercompany payables 298,659 310,727    
Operating lease liabilities 6,074      
Other liabilities 721 720    
Total liabilities 468,270 476,605    
Redeemable noncontrolling interest 3 3    
Equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 22,220,676 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0 0    
Additional paid-in capital 100,306 100,306    
Retained earnings 111,948 111,482    
Treasury shares, at cost; 157,267 and 156,737 shares in 2019 and 2018, respectively 0 0    
Accumulated other comprehensive income, net of tax 110 110    
Total equity 212,364 211,898    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 680,637 688,506    
Reportable Legal Entities | Non-guarantors        
Current assets:        
Cash and cash equivalents 736 2,357    
Receivables:        
Trade, operating, net of allowance for doubtful accounts 9,991 5,797    
Trade, dry-leasing 0 0    
Tax receivables 2,837 3,181    
Other 341 394    
Inventories, net 35 40    
Prepaid expenses 215 190    
Total current assets 14,155 11,959    
Property and equipment 16,705 16,550    
Accumulated depreciation (3,711) (3,400)    
Property and equipment, net 12,994 13,150    
Operating lease right-of-use 1,143      
Equity investments and advances 0 0    
Investments in consolidated subsidiaries 0 0    
Intangible assets 1,102 1,107    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 102 96    
Total assets 29,496 26,312    
Current liabilities:        
Accounts payable and accrued expenses 1,681 1,668    
Accrued wages and benefits 1,459 1,481    
Accrued interest 0 0    
Accrued income taxes 5 49    
Accrued other taxes 421 500    
Accrued contingencies 656 630    
Current portion of long-term debt 275 395    
Other current liabilities 456 11    
Total current liabilities 4,953 4,734    
Long-term debt 0 0    
Deferred income taxes 1,245 1,245    
Intercompany payables 60,026 55,847    
Operating lease liabilities 699      
Other liabilities 0 27    
Total liabilities 66,923 61,853    
Redeemable noncontrolling interest 3,157 3,299    
Equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 22,220,676 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0 0    
Additional paid-in capital 4,561 4,562    
Retained earnings (45,145) (43,402)    
Treasury shares, at cost; 157,267 and 156,737 shares in 2019 and 2018, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Total equity (40,584) (38,840)    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 29,496 26,312    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0    
Receivables:        
Trade, operating, net of allowance for doubtful accounts 0 0    
Trade, dry-leasing 0 0    
Tax receivables 0 0    
Other 0 0    
Inventories, net 0 0    
Prepaid expenses 0 0    
Total current assets 0 0    
Property and equipment 0 0    
Accumulated depreciation 0 0    
Property and equipment, net 0 0    
Operating lease right-of-use 0      
Equity investments and advances 0 0    
Investments in consolidated subsidiaries (171,671) (172,950)    
Intangible assets 0 0    
Deferred income taxes (11,513) (9,904)    
Intercompany receivables (358,653) (366,541)    
Other assets 0 0    
Total assets (541,837) (549,395)    
Current liabilities:        
Accounts payable and accrued expenses 0 0    
Accrued wages and benefits 0 0    
Accrued interest 0 0    
Accrued income taxes 0 0    
Accrued other taxes 0 0    
Accrued contingencies 0 0    
Current portion of long-term debt 0 0    
Other current liabilities 0 0    
Total current liabilities 0 0    
Long-term debt 0 0    
Deferred income taxes (11,512) (9,903)    
Intercompany payables (358,685) (366,574)    
Operating lease liabilities 0      
Other liabilities 0 0    
Total liabilities (370,197) (376,477)    
Redeemable noncontrolling interest 0 0    
Equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 22,220,676 and 21,765,404 outstanding in 2019 and 2018, respectively, exclusive of treasury shares 0 0    
Additional paid-in capital (104,869) (104,869)    
Retained earnings (66,771) (68,049)    
Treasury shares, at cost; 157,267 and 156,737 shares in 2019 and 2018, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Total equity (171,640) (172,918)    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ (541,837) $ (549,395)    
[1] Refer to footnote 5 for more detail on variable interest entities (“VIE”)